Dubai's Burj Khalifa was illuminated on October 1 to celebrate the 77th anniversary of the founding of the People's Republic of China. The light show, designed by China Media Group, projected Chinese national symbols and cultural landmarks across the 828-meter tower. Spectators and tourists gathered around Downtown Dubai to watch the spectacle alongside the fountain show.
The UAE Ministry of Human Resources and Emiratisation has announced an updated phased enforcement procedure for employers who delay salary payments under the Wage Protection System. Electronic monitoring will flag delays and issue automatic alerts before formal sanctions take effect. The system currently processes more than Dh37 billion in private sector wages each month.
The UAE Federal Tax Authority has published General Procedure guide TAXP010 addressing tax treatments for Free Zones and Designated Zones. The guide clarifies operational and legal criteria, including fenced perimeters and customs supervision, required for Designated Zone status under VAT and Corporate Tax laws. It is intended to assist businesses in identifying qualifying income and navigating transactions with the UAE mainland.
The UAE Federal Tax Authority issued Public Clarification VATP047 regarding the reverse charge mechanism for domestic metal scrap transactions. Under the clarification, the VAT accounting obligation shifts from the supplier to the VAT-registered buyer. The guidance outlines mandatory documentation, supplier declarations, and verification rules for the industrial sector.
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